An exchange token in the DeFi sector and three other altcoins have been a favorite of Ethereum whales. According to data provided by WhaleStats, 3 DeFi altcoin projects are seeing increasing whale trading.
Whales upload to these 3 DeFi altcoin projects
The 100 largest Ethereum whales have their eyes converted to WOO, the native cryptocurrency of DEX platform WOO Network, according to data from whale watching tool WhaleStats . WOO is the most purchased cryptocurrency among Ethereum’s top 100 whales in the last 24 hours, excluding stablecoins at the time of writing.
The largest whales in the Ethereum network, alongside WOO, including NFT gaming protocol Aavegotchi (GHST), Synthetix (SNX) and Aave (AAVE) It buys three DeFi altcoins.
FTX exchange’s cryptocurrency FTT tops the list of largest holdings of the largest Ethereum whales, excluding ETH and USD Coin (USDC). FTT is the native cryptocurrency of the popular cryptocurrency exchange. According to WhaleStats, the top 100 ETH whales hold an average of 307,485 FTT tokens worth about $8 million.
SHIB and FTT struggle for leadership
FTT and SHIB are in a contentious battle for the top token position. According to WhaleStats, the whale class has approximately 462.89 billion SHIB tokens worth $5 million.
The most important whale transfers of the week
As we quoted as Kriptokoin.com, the number of Bitcoin addresses holding 10,000 BTC since last week exceeded 100. The data was shared by Glassnode Alerts in a tweet on Sunday. Glassnode’s tweet indicates that the supply of Bitcoin, which has not moved for at least 10 years, has reached its ATH level of approximately 2.45 million BTC, or approximately $7.34 billion as of publication.
Will heavy whale accumulation help the ADA price rise?
Cardano whales are back to save the ADA price. About 160 Cardano whales purchased ADA for over $100,000 on Friday, according to data released by on-chain data provider Santiment. Announcing these transactions, Santiment revealed that ADA had risen to roughly $160 to 100,000-plus transactions in just 6 hours on Friday. This backlog also helped Cardano outperform XRP and become the sixth largest cryptocurrency by market valuation.
After the accumulation, the ADA price saw a 20% increase on the weekly timeframe. Meanwhile, it has become the biggest winner in the top 20 cryptocurrencies by market cap. Meanwhile, the amount of NFT posted on Cardano has surpassed 5 million, reviving the cryptocurrency.
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